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Oklo Resources Ltd

Oklo Resources identifies gold trends over 4 kilometres in length at Kouroufing in Mali

Planning is progressing for first pass aircore drilling over high priority auger anomalies as well as follow-up drilling of significant aircore results from Kouroufing South.

Drilling by Oklo Resources
The auger drilling forms part of the company’s 2019 exploration program

Oklo Resources Ltd (ASX:OKU) has outlined new robust gold anomalies of over 4 kilometres in length and received many plus-0.5 g/t gold results in a recent program of reconnaissance shallow geochemical auger drilling at Kouroufing project in Mali.

There were 1,588 auger holes for 22,650 metres completed, revealing potential gold-bearing structures in northeast and northwest orientations south of a previously identified 6-kilometre gold corridor.

The results enhance the potential for further bedrock gold discoveries at Kouroufing with multiple anomalies earmarked for deeper aircore (AC) drilling.

READ: Oklo Resources reveals shallow, high-grade drilling results from Kouroufing South

Oklo managing director Simon Taylor said: “These new shallow geochemical results highlight the potential for additional gold-bearing structures along favourable northeast and northwest trends, complementing the recent greenfields discovery within the main Kouroufing gold corridor which has already yielded a number of significant gold intersections from AC drilling.

“Planning is underway for a program of follow-up AC drilling on a number of the higher priority geochemical and IP geophysical targets.”

Best composite Kouroufing South intersections include 11 metres at 1.09 g/t from 7 metres, 6 metres at 6.97 g/t from 7 metres, 4 metres at 3.59 g/t from surface, 6 metres at 1.12 g/t from surface and 4 metres at 1.09 g/t from 12 metres.

READ: Oklo Resources delivering results from gold assets with $5 million drill campaign

The auger holes were drilled to an average hole depth of 15 metres at 100-metre centres on 400-metre spaced lines.

Three composite samples of variable thickness were collected from each hole representing the laterite, transition and saprolite horizons.

READ: Oklo advances $5 million gold drilling program in Mali

In aggregate results have defined a further 5.5 kilometres of gold anomalism in multiple trends with substantial composite grades including 6 metres at 6.96 g/t, 6 metres at 1.12 g/t, 11 metres at 1.09 g/t, 4 metres at 1.09 g/t and 4 metres at 3.59 g/t.

The Kouroufing project covers an area of 90.7 square kilometres within the Kenieba Inlier to the east of the Senegal Mali Shear Zone.

Oklo’s $5 million 2019 exploration program is continuing with further assay results pending from AC, reverse circulation and diamond core drilling at Kouroufing and with 2,844 metres of a planned 16,000 metres of drilling completed at the Dandoko project.

Quick facts: Oklo Resources Ltd

Price: $0.11

Market: ASX
Market Cap: $45.32 m
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